All five Dallasarea Alamo Drafthouse locations closing immediately due to bankruptcy filing CBS News
News Source : CBS News
News Summary
- The closures will impact 600 employees at five locations in North Texas
- The franchisee, Two is One, One is None, LLC, tried to reach all of the affected employees
- The company attributed the bankruptcy to multiple financial factors, including high franchise fees, and being forced to keep operating its most unprofitable locations
DALLAS The company operating the Alamo Drafthouse movie theaters in North Texas has declared bankruptcy, abruptly closing its six locations.The closures will impact 600 employees at five location [+1740 chars]
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